With the Mass Adoption of cryptocurrencies, it is expected that we will welcome one billion users to this world by 2030. But although the crypto market is growing at a rocket-like speed, for traders who are in the midst of uncertainty, information is also exploding at an exponential rate. The abundance of information has led to a sharp decline in credibility, and various Twitter experts are popular, resulting in a lack of credible content that potential investors in the future can access. At the same time, it is difficult for traders who are truly market-savvy to profit from information output.

XRADERS allows senior traders to share existing insights with investors through consensus curation on the blockchain, helping investors gain insight into the market and make decisions.

What is XRADERS

XRADERS is a decentralized expert curation platform on the BSC chain that aims to change the way expert advice is shared and utilized in the trading and investment communities. Through a decentralized network, expert insights and strategies can provide valuable information to a wide audience, helping traders and investors make relevant decisions.

XRADERS provides reliable guidance for retail traders through three main functions: Guess2Earn, Expert Verification and Vote&Earn, covering the entire process from user diversion to expert curation.

Guess2Earn

Guess2Earn is the core function of XRADERS. Compared with the traditional order-taking mode, it allows users to make percentage predictions of relevant currency prices within the protocol, which simplifies the market judgment model. The relevant performance predicted by players will be directly on the chain and become a direct indicator of their trading level. In Guess2Earn, low-threshold prediction games enhance the playability and interactivity of transactions, promote active community participation, create a real-time community sentiment indicator, and motivate players to participate in an interesting and competitive way. The unchangeable on-chain interaction data becomes a unique and important indicator for each user. Professional users can combine the subsequent monetization mechanism to strive to improve their performance to obtain exposure and corresponding income, while providing investment references for the majority of users to achieve mutual benefit.

As of March 2024, XRADERS has achieved 500,000 monthly active users, more than 160,000 daily active users, and more than 800,000 daily transactions, and is widely supported by markets including Africa and Asia-Pacific.

Expert Verification

By actively participating in the G2E competition on XRADERS, players who achieve a certain high win rate can be certified as trading experts within XRADERS. These experts can provide relevant insights to a wider range of traders and continue to expand their influence through votes from voters. At the same time, by continuously providing accurate analysis, experts will receive relevant rewards for their relevant market views and contributions to the platform.

vote

Users can choose to stake XR tokens and become voters to vote for experts within XRADERS. Experts with more voting rights can have more exposure and thus become more competitive, while voters who recommend outstanding experts through the voting mechanism can also receive corresponding rewards in recognition of their role in discovering and promoting outstanding market analysts.

Team Background

The XRADERS team has extensive experience in the blockchain and cryptocurrency fields. The two founders, Jeffery Jin and Rachel Jang, both graduated from the University of Washington. They have participated in the construction of multiple blockchain projects and led the projects to be listed on several well-known exchanges such as Binance and Upbit.

Financing

On April 2, 2024, XRADERS completed a $2.9 million seed round of financing to support its related development and operations. Investors include FBG Capital, GBV Capital, Marblex, Icetea Labs, Basics Capital, Marshland Capital, Northbund Capital, HG Ventures, Alpha Protocol Ventures, Vista Labs, GBIC, Lemon22, IOST, 071labs, Alphanonce, Onemax Capital, StudioB, Nexus One, Morpheus and Planetarium.

XR Token Economics

XR, as the governance token of the XRADERS ecosystem, is an integral part of the ecosystem and facilitates various transactions and interactions within the platform. The total supply of XR is 100 million, which qualifies players to select and vote for experts within the protocol and allows users to participate in related governance. XRADERS's token economy enhances community vitality and improves the utility and value of tokens by incentivizing user contributions, expert content subscriptions, participation in governance decisions, and market transactions.